Chainfeeds Briefing:
A new trading bot king has emerged on Solana. Just 3 months after launch, Axiom has surpassed veteran competitors, capturing over 50% of trading bot traffic on Solana.
Article Source:
https://x.com/defi_kay_/status/1920154686642139474
Article Author:
defi_kay
Perspective:
defi_kay: Axiom is not just growing, it's dominating the market. Its current daily trading volume exceeds $100 million, capturing 3-4% of memecoin trading activity on Solana. Four key points supporting its rise: combining Solana DEX and Hyperliquid perpetual contract trading; launching as a full web application instead of a traditional Telegram bot; building the most aggressive loyalty system in crypto bot history; backed by a real-name, ambitious founding team supported by Y Combinator. Axiom's core advantage lies in its product structure. It unifies the two most active retail trading streams - Solana memecoins and Hyperliquid perpetual contracts - into one terminal. This dual service provides users more reasons to stay in the app and increase usage frequency. Axiom's true differentiation is in its loyalty infrastructure. It has created a multi-layered incentive engine: SOL rebates, level upgrades, points system, task system, and multi-tier referral rewards. All of these point to a potential token launch. No other bot can achieve this depth. Axiom has generated over $48 million in revenue from memecoin-related fees and over $500,000 from Hyperliquid perpetual contracts. Although nearly half is returned to users as rewards, the platform remains profitable and continues to grow. In short: Axiom currently has the best product, strongest incentives, and largest market share - but none of these advantages are permanent. To maintain its king status, it needs to continue iterating, expand its user base, and avoid complacency. [Original text was in English]
